Hindustan Aeronautics Limited (HAL) is an Indian state-owned aerospace and defense company that designs, develops, manufactures, and maintains combat aircraft, helicopters, unmanned aerial vehicles, jet and turbine engines, avionics, and other hardware. The company also supplies aircraft, helicopters, and communications equipment for military and civil markets and provides related repair and support services. Headquartered in Bengaluru, India, HAL was established on December 23, 1940.
Global equities are now breaking out to new highs amid positive technical developments -- something we noted was increasingly likely in last week’s...